Community Bank Partners
- Assets
- $10.7k
- Revenue
- $20.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 27-3230922
Organization Overview
Community Bank Partners is located in Huntsville, AL. The organization was established in 2014. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Bank Partners is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Community Bank Partners generated $20.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $23.1k during the year ending 12/2021. While expenses have increased by 9.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE KIDS TO LOVE FOUNDATION
COMMUNITY ACTION PARTNERSHIP - COMMUNITY ACTION'S HOUSING COUNSELING AND FINANCIAL LITERACY PROGRAM ENABLES LMI INDIVIDUALS/FAMILIES TO ENTER INTO HOME OWNERSHIP OR IMPROVE THEIR PERSONAL FINANCIAL MANAGMENET
BOYS AND GIRLS CLUB OF NORTH ALABAMA - PROVIDE A FINANCIAL LITERACY PROGRAM THAT HELPS TEENS TO BUILD BASIC MONEY MANAGEMENT SKILLS
CORNERSTONE INITIATIVE - THE FAITH AND FINANCES PROGRAM TO DELIVER BASIC FINANCIAL MANAGEMENT SKILLS TO VULNERABLE PEOPLE IN LOW TO MODERATE INCOME COMMUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pattie Walker President | 1 | $0 | |
Hayley Boyanton Vp/secretary | 1 | $0 | |
Shakira Ellis Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $134 |
| Total operating and administrative expenses | $584 |
| Contributions, gifts, grants paid | $22,500 |
| Total expenses and disbursements | $23,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,695 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,695 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Community Bank Partners has awarded $22,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB OF NORTH ALABAMA PURPOSE: PROVIDE FINANCIAL LITERACY PROGRAM TO TEENS | $2,500 |
UNITED WAY OF MADISON COUNTY PURPOSE: FREE TAX RETURN PREPARATION | $2,500 |
CORNERSTONE INITIATIVE PURPOSE: FINANCIAL MANAGEMENT SKILLS | $2,500 |
KIDS TO LOVE PURPOSE: ASSIST FOSTER CARE CHILDREN IN FINDING FAMILIES | $2,500 |
COMMUNITY ACTION PARTNERSHIP PURPOSE: FINANCIAL MANAGMENET SKILLS | $2,500 |
LINCOLN VILLAGE MINISTRY PURPOSE: FINANCIAL MANAGEMENT SKILLS | $2,500 |